According to the latest 2024-25 NBA Championship odds, we could have the first back-to-back champ in seven years! The Boston Celtics begin defense of their NBA title shortly, so it’s time to analyze the updated prices.
Will the Celtics defend their title, or will a newcomer rise to the top? Continue reading for the latest odds, analysis, and our 2024-25 NBA predictions.
If you prefer a video format, check out my thoughts in this video.
NBA Championship 2024-25 Betting Odds
The following NBA 2025 winner odds are courtesy of Bovada:
TEAM | ODDS |
---|---|
Boston Celtics | +300 |
Oklahoma City Thunder | +675 |
New York Knicks | +750 |
Philadelphia 76ers | +900 |
Dallas Mavericks | +1000 |
Minnesota Timberwolves | +1000 |
Denver Nuggets | +1200 |
Milwaukee Bucks | +1200 |
Phoenix Suns | +2200 |
Los Angeles Lakers | +2500 |
Golden State Warriors | +2500 |
Memphis Grizzlies | +3300 |
The Boston Celtics (+300) remain betting favorites to win the 2024-25 NBA Championship. They opened as +300 favorites in June, so there has not been any activity on their NBA Championship winner odds.
Per the best NBA betting sites, the Celtics have a 25% implied probability of winning the 2024-25 season title. Likewise, the Oklahoma City Thunder (+675) of the Western Conference still have the second-shortest odds to win the 2025 NBA Finals.
The New York Knicks (+750) were one of the biggest movers in the offseason. They opened at +1400 to win the NBA Championship but have shortened to +750! The trade to acquire Karl-Anthony Towns sent their NBA champion odds soaring, but are they a true contender?
You can find up-to-date NBA Championship 2024-25 odds at Bovada by navigating to All Sports > Basketball > NBA Futures > NBA Championship.
Favorites for the 2024-25 NBA Championship
The early NBA Championship 2025 odds suggest that the Celtics don’t have much competition. That being said, there are a slew of hungry teams behind them that made some moves to improve their squads in the offseason.
Let’s analyze the top favorites and their chances in the 2024-25 campaign:
Boston Celtics (+300)
- Head Coach: Joe Mazzulla
- 2023-24 Record: 64-18 (Champions)
- NBA Titles: 18
- Key Players: Jayson Tatum, Jaylen Brown, Kristaps Porziņģis
Inserting the Celtics as the favorite to win the NBA Championship next June was an easy decision for online bookies. Four months later and the Celtics are still the leading favorite with the top odds to win the championship.
The Celtics went 64-18 in the regular season and kept the train rolling in the postseason. Through four playoff series, the Celtics went 16-3! They didn’t lose more than a game in any series, including a sweep of the Indiana Pacers and a 4-1 win over the Dallas Mavericks in the NBA Finals.
In 2023-24, the Celtics were second in the NBA with 120.6 points per game. Additionally, the Celtics finished with the fifth-highest point differential of all time at 10.7 points per game! Since the mid 90s Bulls, only the 2016-17 Golden State Warriors had a larger gap.
The scary thing for the rest of the league is that this core will remain together for the 2024-25 season. The dangerous duo of Jayson Tatum and Jaylen Brown are back for the Celtics. Brown elevated his game in the playoffs en route to the NBA Finals 2024 MVP award!
BEWARE of Boogeyman Brown 😈 pic.twitter.com/YHidGqlIgS
— Boston Celtics (@celtics) October 6, 2024
Kristaps Porziņģis will be absent for the first stretch of the season. He is dealing with a foot injury that will sideline him for at least the first few months. However, the Celtics will still have success without Porziņģis in the lineup. They have the best depth in the league and will be fine in the meantime.
The Celtics don’t expect this to be a persistent problem that should linger to the playoffs, though. I’m more interested in Porziņģis’ status for the postseason. The Celtics can notch a high seed without him in the lineup, but I have full confidence in them for the NBA title when they are at full strength.
Along with the Latvian big man, defensive specialist Jrue Holiday will be back on the floor in Boston. There are question marks for other teams in 2024-25, but the Celtics are already well-positioned to be a top contender next season!
Oklahoma City Thunder (+675)
- Head Coach: Mark Daigneault
- 2023-24 Record: 57-25 (Loss Conference Semifinals)
- NBA Titles: 1 (Seattle Supersonics)
- Key Players: Shai Gilgeous-Alexander, Chet Holmgren, Jalen Williams
The Oklahoma City Thunder are a team that has seen improvement in their 2024-25 NBA Championship winner odds since June. The Thunder are down to +675 after opening at +900 earlier this year.
They didn’t make any blockbuster signings, but a couple of pieces that have a chance to put them over the top. Center Isaiah Hartenstein is now a member of the Thunder after spending the last two seasons with the Knicks.
He provides the Thunder with a solid rim protector and can contribute offensively. Additionally, the Thunder acquired Alex Caruso in a trade for Josh Giddey in June. Caruso is a nice bench piece and affords the Thunder a veteran presence in the locker room.
It’s also important to note that the trio of Shai Gilgeous-Alexander, Chet Holmgren, and Jalen Williams will only have more experience this season. Holmgren averaged 16.5 points, 7.9 rebounds, and 2.4 assists per game on 53% shooting!
He’s only getting better, and the same goes for Williams heading into his third season. In 2023-24, Williams notched 19.1 points, four rebounds, and 4.5 rebounds per game. At only 23 years old, look for him to continue to grow and evolve for the Thunder.
With Gilgeous-Alexander leading this talented, young team, the Thunder might be the most dangerous team in the West.
New York Knicks (+750)
- Head Coach: Tom Thibodeau
- 2023-24 Record: 50-32 (Loss Conference Semifinals)
- NBA Titles: 2
- Key Players: Jalen Brunson, Karl-Anthony Towns, OG Anunoby
The New York Knicks are looking to get over the hump after bowing out of the playoffs against the Indiana Pacers. They were trounced by the Pacers in Game 7 by a score of 130-109.
This was a banged-up team that wasn’t given the most credit heading into the playoffs. Not many pundits believed that the Knicks would be able to be a game away from going to the Eastern Conference Finals!
This season, the Knicks hope to stay healthy, and they have a new cast of characters in the starting lineup. Center Karl-Anthony Towns joined the Knicks after the Timberwolves traded him to New York last month.
Towns is an instant upgrade in the frontcourt for the Knicks. However, he does not have the physical or mental fortitude to rise up in the playoffs. While other teams turn things up a notch, Towns hasn’t matched their levels of intensity.
In any event, expect the Knicks to have a fantastic defense once again this season. In 2023-24, they finished ninth with a defensive rating of 112.4. OG Anunoby’s injury had an impact on this number not being higher. Health has to be a concern for the Knicks as a team this season.
Active players to record three straight 40-point playoff games:
Jamal Murray
Jalen Brunsonthat's the list. pic.twitter.com/lgwb6Zw3Z7
— StatMuse (@statmuse) May 3, 2024
Jalen Brunson is a star in the backcourt, but he needs Anunoby and the supporting cast to stay on the floor. The Knicks’ NBA Championship odds improved on the news of the Towns’ trade, but I am not so optimistic that it will immediately make the Knicks a title team!
Best Sleepers for the NBA Championship 2024-25
Before finalizing my early NBA Championship 2025 predictions, let’s look at two sleepers that have a chance to improve this season. Consider including these teams in your NBA betting strategy for the title in 2025:
Indiana Pacers (+5000)
The Pacers acquired Pascal Siakam at the trade deadline to bolster their roster for a deep playoff run. They had some success with series wins over the Milwaukee Bucks and New York Knicks to set up a meeting with the Boston Celtics.
The Celtics ended the Pacers’ dreams, but it was a respectable campaign for Indiana. They finished the year at 47-35 and had two big wins in the playoffs to show for their efforts.
In Siakam’s first full season in Indiana, expect the Pacers to build on this past season. I see Siakam and Tyrese Haliburton’s chemistry being stronger right out of the gate.
Getting past the Celtics will prove to be difficult again, but if they suffer injuries, the door could be open for the Pacers. Consider a small NBA Championship bet on the Pacers at +5000 odds.
Orlando Magic (+5000)
The Orlando Magic are a team on the rise and some money to play with this offseason. Led by star 21-year-old Paolo Banchero, the Magic are trending up.
In his sophomore campaign, Banchero averaged 22.6 points, 6.9 rebounds, and 5.4 assists per game. He along with Franz Wagner should show a leap forward together on the floor this season!
casual 🤧 https://t.co/E6BKLuabjE pic.twitter.com/GyKcDBBsDv
— Orlando Magic (@OrlandoMagic) December 7, 2023
The Magic were linked to D’Angelo Russell in free agency, but they ultimately signed Kenvtavious Caldwell-Pope to a three-year, $66M contract. He will contribute to an already stout defense that finished second in defensive efficiency a season ago! KCP is also a solid floor spacer who will give the offense an alternative option.
With the 2024-25 regular season rapidly approaching, the Magic at +5000 will look like a serious bargain. It’s highly unlikely you’ll get this price later in the season, so consider backing the Magic’s odds to win the 2025 NBA Championship now.
NBA Championship 2024-25 Prediction and Betting Pick
Based on current NBA rosters and talent, the Boston Celtics remain the team to beat. With their top seven players staying for the 2024-25 season, the Celtics are the most stable squad in the league coming off their championship.
The Nuggets are getting older and must shore up their bench in the offseason to win a seven-game series against the Celtics. They’ll still be talented with Jokić on the floor, but the Nuggets should trend down against the younger Timberwolves and Thunder!
The path through the Eastern Conference for the Celtics appears simple enough, while the young Western Conference teams are another year or two away.
Brown, Tatum, and Porziņģis together are too much to handle at this stage.
New York is getting a lot of attention due to the move to add Towns, but given his lackluster postseason success, it isn’t moving the meter for me. They need a tougher player; not a soft defender that disappears in big moments.
With this in mind, the Celtics are my top 2024-25 NBA Championship pick! I backed the Celtics to win last year and will do the same for my early 2025 NBA Championship predictions.
Where to Bet on the 2024-25 NBA Championship?
NBA betting for the 2024-25 campaign is in full swing as the season approaches, so make sure to get your future wagers in now! Take advantage of the opening NBA Championship odds with the best prices at Bovada.
Place your NBA picks at one of the most reputable and highly-rated online sportsbooks! In addition to 2024-25 NBA title odds, Bovada will have prices for every matchup, live betting, and an assortment of prop bets available!
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